The 50 Most Influential ranking has been published by Bloomberg Media since 2011, annually featuring 50 individuals or initiatives with "the ability to move markets or shape ideas and policies".
Initially published in Bloomberg Markets until the 2016 edition. Bloomberg Businessweek took over from 2017 onwards. [1]
According to Bloomberg Media, the list is composed on the basis of recommendations and assessments by Bloomberg 's journalists and analysts in the United States and internationally as well as data from Bloomberg Terminal. [1]
The ranking has repeatedly been used as a reference or even as a news topic by news media other than Bloomberg, particularly in 2015 when political leaders were included. [2] [3] [4] [5]
The 2021 ranking was published on December 1, 2021. [6] It also includes The Usual Suspects, Notable Alums, and Ones to Watch.
The 2020 ranking was published on December 7, 2020, with many individuals being noted for their contributions during the COVID-19 pandemic. It included the below categories, as well as The Usual Suspects and Ones to Watch. [7]
The 2019 ranking was published on December 4, 2019. [8]
The 2018 list featured other separated groups such as The Usual Suspects, for recurring appearing people, and also Ones to Watch, some of which nominated for 2018's ranking. It was published in the Bloomberg Businessweek issue of the 10th of December 2018. [9]
The 2017 list featured a new categorization of individuals and eliminated the ranked positions. It was published in the Bloomberg Businessweek issue of the 4th of December 2017. [10]
The 2016 ranking abandoned the prior rankings' five or six categories, and was a straightforward ranking from most to least influential among the 50. It was published in the Bloomberg Businessweek issue of the October 2016. [11]
The 2015 ranking was published in the November 2015 issue of Bloomberg Markets. [12] Unlike previous rankings, it included heads of state and government, and ranked all individuals mentioned from 1 (Janet Yellen) to 50 (Ruchir Sharma). It also added a sixth category compared with previous rankings, focused on technological innovation and venture capital.
The 2014 ranking was published in the October 2014 issue of Bloomberg Markets. [13]
The 2013 ranking was published in the October 2013 issue of Bloomberg Markets. [14]
The 2012 ranking was published in the October 2012 issue of Bloomberg Markets. [15]
The 2011 ranking was published in the October 2011 issue of Bloomberg Markets. [16]
Carl Celian Icahn is an American financier. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in Sunny Isles Beach, Florida. Icahn's business model is to take large stakes in companies that he believes will appreciate from changes to corporate policy. Subsequently, Icahn then pressures management to make the changes that he believes will benefit shareholders. Widely regarded as one of the most successful hedge fund managers of all time and one of the greatest investors on Wall Street, he was one of the first activist shareholders and is credited with making that investment strategy mainstream for hedge funds.
Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. As a result of his immense investment success, Buffett is one of the best-known fundamental investors in the world. As of June 2023, he possessed a net worth of $117 billion making him the fifth-richest person in the world.
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt.
Janet Louise Yellen is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first person to hold those positions having also led the White House Council of Economic Advisers and the first woman to hold either post.
James Dimon is an American billionaire business executive and banker, who has been the chairman and chief executive officer of JPMorgan Chase since 2005. Dimon was previously on the board of directors of the Federal Reserve Bank of New York. Dimon was included in Time magazine's 2006, 2008, 2009, and 2011 lists of the world's 100 most influential people. Forbes estimated his net worth at $1.6 billion as of June 2023.
Lloyd Craig Blankfein is an American investment banker who has served as senior chairman of Goldman Sachs since 2019, and chairman and chief executive from 2006 until the end of 2018. Previous to leading Goldman Sachs, he was the company's president and chief operating officer (COO) from 2004 to 2006, serving under then-CEO Henry Paulson.
William Albert Ackman is an American billionaire hedge fund manager who is the founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. His investment approach has made him an activist investor. As of June 2023, Ackman's net worth was estimated at $3.5 billion by Forbes.
Seth Andrew Klarman is an American billionaire investor, hedge fund manager, and author. He is a proponent of value investing. He is the chief executive and portfolio manager of the Baupost Group, a Boston-based private investment partnership he founded in 1982.
Jiang Jianqing is the former Chairman of the Industrial and Commercial Bank of China (ICBC), the world's largest bank by assets and 2nd market value; he held the position from 2005 to 2016.
Between 2009 and 2018 the business magazine Forbes had compiled an annual list of the world's most powerful people. The list had one slot for every 100 million people, meaning in 2009 there were 67 people on the list, and by 2018, there were 75. Slots were allocated based on the amount of human and financial resources that they had sway over, as well as their influence on world events.
Leon G. Cooperman is an American billionaire investor and hedge fund manager. He is the chairman and CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets under management, the majority consisting of his personal wealth.
Mary Callahan Erdoes is Chief Executive Officer of J.P. Morgan Asset & Wealth Management, a global leader in investment management and private banking with over $4 trillion in client assets. She is also one of the longest standing members of JPMorgan Chase & Co.'s Operating Committee.
The World's Billionaires is an annual ranking of people who are considered to have a net worth of $1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.
Ruth Porat is a British–American business executive serving as chief financial officer of Alphabet and its subsidiary Google since 2015. Prior to joining Google, Porat was the Chief Financial Officer of Morgan Stanley from January 2010 through May 2015.
Stephanie Ruhle Hubbard is the host of The 11th Hour and a Senior Business Analyst for NBC News. Previously, Ruhle was managing editor and news anchor for Bloomberg Television and editor-at-large for Bloomberg News. Ruhle co-hosted the Bloomberg Television show Bloomberg GO and was one of three Bloomberg reporters who broke the story of the London Whale, identifying the trader behind the 2012 JPMorgan Chase trading loss. She became the host of The 11th Hour in March 2022.
Jane Gladstone is the president of IntraFi Network and a member of its board of directors. She previously was a senior managing director at Evercore Partners for 15 years. Gladstone started the financial institutions group at Evercore in 2005, and has advised on about $150 billion of M&A and capital raising.
Vicki Hollub is an American businesswoman and mineral engineer. She has been the president and CEO of Occidental Petroleum since April 2016, when she became the first woman heading a major American oil company.
Bitcoin is a digital asset designed by its pseudonymous inventor, Satoshi Nakamoto, to work as a currency.
The Bloomberg Billionaires Index, launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. It draws information from "action in the stock market, economic indicators and news reports", features a profile of each billionaire, and includes a tool that allows users to compare the fortunes of multiple billionaires. The index is updated every day at the close of trading in New York.
The expression "everything bubble" refers to the correlated impact of monetary easing by the Federal Reserve on asset prices in most asset classes, namely equities, housing, bonds, many commodities, and even exotic assets such as cryptocurrencies and SPACs. The term is related to the Fed put, being the tools of direct and indirect quantitative easing that the Fed used to execute the monetary easing, and to modern monetary theory, which advocates the use of such tools, even in non-crisis periods, to create economic growth through asset price inflation. The term first came in use during the chair of Janet Yellen, but it is most associated with the subsequent chair of Jerome Powell, and the 2020–2021 period of the coronavirus pandemic.